GITNUX MARKETDATA REPORT 2024

Us Media Industry Statistics

The US media industry statistics provide valuable insights into the various facets of the industry, including audience demographics, revenue trends, and consumption patterns.

Statistic 1

"There are more than 1,300 daily newspapers in the United States."

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Statistic 2

"The advertising expenditure for Media Industry in the US is projected to be over $279 billion by 2023."

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Statistic 3

"As of October 2020, Fox News is the most-watched news channel in the United States."

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Statistic 4

"The US film industry generated $40.28 billion in 2020."

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Statistic 5

"Netflix had almost 73 million subscribers in the US in 2021."

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Statistic 6

"63% of U.S population read a newspaper in either digital or print format weekly in 2020."

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Statistic 7

"In 2018, Cable TV revenue in the US amounted to $119.09 billion."

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Statistic 8

"About 68% of US adults in 2021 get news on social media at least occasionally."

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Statistic 9

"As of 2020, 36% of internet users in the US used YouTube to access news."

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Statistic 10

"In 2019, the book publishing market in the US was worth $26 billion."

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Statistic 11

"As of 2020, the size of the US music industry was $12.2 billion."

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Statistic 12

"In 2019, there were about 31,000 radio stations operating in the United States."

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Statistic 13

"In 2020, despite the pandemic, 58% of U.S. adults often get TV-based news."

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Statistic 14

"The estimated revenue of video-on-demand in the US was around $15.9 billion in 2020."

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Statistic 15

"In 2018, Time Warner was the largest media company in the US, with revenue of $30.9 billion."

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Statistic 16

"As of 2018, 90% of the United States' media is controlled by four corporations: Comcast, Disney, Time Warner and National Amusements."

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Statistic 17

"66% of children ages 8 to 18 in the US have a TV in their bedroom."

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Statistic 18

"In 2020, an estimated 232 million people in the United States used a smartphone, an important medium for the media industry."

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Statistic 19

"The US broadcast TV advertisers are expected to spend $17 billion in 2021."

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Statistic 20

"The media and entertainment industry in the United States is forecasted to be worth over $792.3 billion by 2022."

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